Bellevue / Seattle Real Estate Mortgage Rate Watch: Rates SHIFT Higher as Profit Taking comes into play and REPORTS on Initial Jobless Claims come in lower than expected at 388,000 vs 416,000 expected. Good News for the economy shifts money out of bonds and into Stocks. Moving forward into 2011 Supply and Demand will Weigh Heavily on Mortgage Rates. Make sure to watch yesterdays post. Also fueling the fire is any positive economic news from the United States will pressure Mortgage Rates to move HIGHER.

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